AESI vs MCD: Correlation
Atlas Energy Solutions Inc. (AESI) and McDonald's (MCD) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AESI and MCD?
On 3 years of weekly data the AESI/MCD correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.35) than the 3-year average (-0.19). The 5-year figure is n/a, and annualized covariance runs at -178.2 %².
Among the 12 assets we track against AESI, MCD sits near the bottom by co-movement, at rank #9. Correlation aside, the last 12 months split them widely, with AESI ahead by 25.6 points (+11.1% versus -14.5%). Note the risk asymmetry: AESI runs 3.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AESI vs MCD: side by side
| AESI (Atlas Energy Solutions Inc.) | MCD (McDonald's) | |
|---|---|---|
| 1-year return | +11.1% | -14.5% |
| 5-year return | n/a | +23.3% |
| Volatility (ann.) | 52.7% | 17.8% |
| Beta vs S&P 500 | 1.02 | 0.30 |
| Max drawdown (3Y) | -65.9% | -22.8% |
| Market cap | $1.6B | $184.0B |
| P/E (trailing) | – | 21.7 |
| Dividend yield | 2.07% | 2.75% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | AESI | MCD |
|---|---|---|
| 2022 | – | +0.5% |
| 2023 | – | +15.1% |
| 2024 | +34.6% | +0.1% |
| 2025 | -55.3% | +7.9% |
| 2026 | +38.0% | -13.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AESI and MCD good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between AESI and MCD?
The AESI/MCD correlation stands at -0.19 on a 3-year window (1 year: -0.35, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MCD a good diversifier for AESI?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
A reading of -0.19 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aesi-vs-mcd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aesi-vs-mcd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AESI correlations · MCD correlations
